EGAS | Egypt Oil & Gas - Part 24
Misr Insurance to Insure Loans for Low-Income Gas Consumers
Misr Insurance Company agreed to insure EGP 50 million in interest-free loans offered by Nasser Social Bank to poor families to assist them in purchasing natural gas, Amwal Al Ghad reports. The insurance policy will c...
Power Plants Cut Natural Gas Consumption by 900 mscf/d
Egypt’s power plants have decreased their consumption of natural gas by 900 million standard cubic feet per day (mscf/d) with the approach of cooler winter temperatures, Amwal Al Ghad reports. Consumption has decrease...
Egypt to Award LNG Tender to 4 European Firms
The Egyptian Natural Gas Holding (EGAS) will purchase 12 cargoes of liquefied natural gas (LNG) from multiple European firms, sources told Reuters. The Europeans companies are Gas Natural Fenosa, Trafigura, Vitol, and...
Egypt Consumes 4.5M Tons of Natural Gas Per Month
Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month, an official at the Egyptian Natural Gas Holding Company (EGAS) told Amwal Al Ghad. In August, Egypt consumed 4.577 million tons...
New Acting Head of Egypt Gas Appointed
Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company, official sources at the Ministry of Petroleum and Mineral Resources told Amwal Al Ghad. He has been serving on the board o...
EGAS Extends Deadline for LNG Tender
The Egyptian Natural Gas Holding Company (EGAS) is extending the timeline for its liquefied natural gas (LNG) tender by two days, Amwal Al Ghad reports. Bids will now be accepted until October 31st. The tender is for ...
Natural Gas Fees to Rise by EGP 800 per Household
Egyptian Natural Gas Holding Company (EGAS) approved an EGP 800 hike in natural gas fees, Egypt Gas’ Head, Hisham Radwan told Ahram Gate. The fee will rise by EGP 800 to reach EGP 1,800 per household, the newspa...
Egypt to Increase Natural Gas Production by 1.4 bcf/d
The Egyptian Natural Gas Holding Company (EGAS) plans to increase natural gas production by around 27%, or 1.4 billion cubic feet per day (bcf/d), to reach 6.5 bcf/d by June 2018, according to officials at EGAS, Amwal...
